Background*

Mr. Takanobu Ito serves as the Chief Executive Officer of Honda Motor Company Japan at Atlas Honda Ltd. Mr. Ito has been Senior Managing Director of Honda Motor Co. Ltd., holding company of Honda del Peru S.A. since June 2007 and serves as its Chief Executive Officer. He has been Chief Executive Officer of Honda Motor Co., Ltd. since April, 2011. Mr. Ito has been the President at Honda Motor Co., Ltd. since April 2009. He has been Chief Operating Officer of Automobile ... Operations at Honda Motor Co., Ltd. since April 2011 and served in the same position since April 2007. He served as the President of Honda R&D Co Ltd of Honda Motor Co., Ltd. since June 2003. He served as the Managing Officer at Honda Motor Co. Ltd. since June 2005. He served as a General Supervisor of Motor Sports at Honda Motor Co. Ltd. since April 2004 and its General Manager of Suzuka Factory of Production Operations since April 2005. He served as the Managing Director of Honda Motor Co. Ltd. since 2003. He served as an Executive Vice President of Honda R&D Americas, Inc. since 1998 and Senior Managing Director since June 2001. Mr. Ito started his career at Honda in April 1978. He has been a Director of Honda Motor Co. Ltd. since april, 2011. He served as a Director of Honda R&D Co Ltd. since June 2003.

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